Product category:
Special Purpose Subcontract Machining Services
News Release from: EDM Precision Technologies
Edited by the Manufacturingtalk Editorial
Team on 17 November 2006
Precision contractor acquisition
EDM Precision Technologies' customers come from Motorsport, Aerospace, Defence, Tool, Mould, Research and Testing Industries.
The goal of many owners of a small successful business who are looking to retire, is to find a talented individual who has already achieved success in their career, has valuable skills to bring to the business and is looking to take on a new challenge When this happens, they can capitalise on many years of hard work and also have the great feeling that the employees left behind have a real future too
This article was originally published on Manufacturingtalk on 9 Apr 2002 at 8.00am (UK)
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This is what has happened at EDM Precision Technologies, after 40 years Roy Marks looked forward to spending more time on his hobbies (Harley Davidson bikes and model helicopters) but to do so he needed to sell up.
Meanwhile, Paul Waldron an engineer with 20 years of commercial experience was looking to take his career back into his own hands after working for PLC's and Fortune 500 organisations.
In May 2006, Roy and Paul met and in August they shook hands on a deal, which was completed in October.
Waldron's commercial experience will give real edge to the business, which is already able to provide excellent quality, service and value.
EDM Precision Technologies' customers come from Motorsport, Aerospace, Defence, Tool, Mould, Research and Testing Industries.
With 8 CNC wire, 2 spark and a deep hole erosion machine, two CNC vertical mills, a CNC Lathe and full inspection equipment the ISO 9001 2000 accredited business, based at Silverstone in Northants, is able to deliver complete solutions as well as subcontract work.
Whilst Waldron is committed to the development of his team, and earning the title of preferred supplier, to a growing customer base, Roy will have to make do with riding his "Harley" and keeping his "copters" in the air.
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